Ever wondered if a move could help you save some dough? You’ve come to the right place to help you find the next place.
Rent prices in the Capital City tumbled down more than most major metro areas in the last year, according to a recent Redfin study. The decline is due in part to a sizable influx in apartment construction — the Downtown area alone has added ~7,000 apartments over the last four years.
Compared to other large US cities, Austin also offers a decent bang for your buck in terms of space. According to a 2024 study from RentCafe, $1,500 per month can get you ~759 sqft of space to call home. That’ss the least amount of space you’ll find in Texas, but 30 sqft more than the average American city dweller has.
Here’s the price situation in Austin: the average rent for a one-bedroom apartment is $1,545 per month according to Rent.com, $1,527 per month according to Zumper, $1,435 per month according to Apartments.com, and $1,656 per month according to RentCafe. We averaged those numbers to arrive at a citywide average of $1,541.
To get the rent measurements for each neighborhood, we averaged the averages from those four websites, which used data from the last six months. Without further ado, let’s take a look at the (note: approximate) cost of living in these 15 Austin neighborhoods.
Find each of these neighborhoods on the map below:
Allandale and Rosedale
- Average apartment rent: ~$1,689
- ~9.2% more than the average rent in ATX
Nearby landmarks: Beverly S. Sheffield Northwest District Park, Shoal Creek, Top Notch Hamburgers
Barton Hills
- Average apartment rent: ~$1,640
- ~6.2% more than the average rent in ATX
Nearby landmarks: Barton Creek Greenbelt, Zilker Park, Barton Springs Pool
Brentwood
- Average apartment rent: ~$1,576
- ~2.2% more than the average rent in ATX
Nearby landmarks: Brentwood Neighborhood Park, McCallum High School, Texas School for the Blind and Visually Impaired
Downtown
- Average apartment rent: ~$2,685
- ~54.1% more than the average rent in ATX
Nearby landmarks: the Texas State Capitol, Ann and Roy Butler Hike-and-Bike Trail, Waterloo Park
East Cesar Chavez
- Average apartment rent: ~$2,066
- ~29.1% more than the average rent in ATX
Nearby landmarks: Cold Towne Theater, Cosmic Saltillo, Holey Moley Golf Club
East Riverside
- Average apartment rent: ~$1,319
- ~15.5% less than the average rent in ATX
Nearby landmarks: Heritage Oaks Neighborhood Park, Emo’s Austin, Ann and Roy Butler Hike-and-Bike Trail
Hyde Park
- Average apartment rent: ~$1,283
- ~18.3% less than the average rent in ATX
Nearby landmarks: Elisabet Ney Museum, The Triangle, Waller Creek
Montopolis
- Average apartment rent: ~$1,590
- ~3.1% more than the average rent in ATX
Nearby landmarks: Civitan Neighborhood Park, Yates Pocket Park, Austin Community College at Riverside
Mueller
- Average apartment rent: ~$2,143
- ~32.7% more than the average rent in ATX
Nearby landmarks: Mueller Lake Park, Pharr Tennis Center, Morris Williams Golf Course
North Burnet
- Average apartment rent: ~$1,757
- ~13.1% more than the average rent in ATX
Nearby landmarks: Q2 Stadium, Walnut Creek, The Domain, ACC at Northridge
North Lamar
- Average apartment rent: ~$1,142
- ~29.7% less than the average rent in ATX
Nearby landmarks: Brownie Neighborhood Park, St. Mark’s Wildflower Meadow, Chinatown Center Mall
Oak Hill
- Average apartment rent: ~$1,555
- ~0.9% more than the average rent in ATX
Nearby landmarks: Barton Creek Greenbelt, The Natural Gardener, Williamson Creek
South Lamar
- Average apartment rent: ~$1,472
- ~4.6% less than the average rent in ATX
Nearby landmarks: The Broken Spoke, End of an Ear, Radio Coffee & Beer
Tarrytown
- Average apartment rent: ~$2,003
- ~26.1% more than the average rent in ATX
Nearby landmarks: Mozart’s Coffee Roasters, Lions Municipal Golf Course, The Contemporary Austin - Laguna Gloria
West Campus
- Average apartment rent: ~$1,947
- ~23.3% more than the average rent in ATX
Nearby landmarks: The University of Texas at Austin, Neill-Cochran House Museum, Pease District Park
Did we cover your neighborhood? Which locale would you like to see us analyze next? Let us know.
